Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Trading Up 0.1% – Time to Buy?

Pacer Swan SOS Flex (April) ETF (BATS:PSFM)’s share price rose 0.1% during trading on Friday . The company traded as high as $29.70 and last traded at $29.70. Approximately 256 shares traded hands during mid-day trading, The stock had previously closed at $29.67.

Pacer Swan SOS Flex (April) ETF Stock Performance

The firm has a market capitalization of $24.65 million, a price-to-earnings ratio of 23.73 and a beta of 0.56. The company has a 50 day moving average price of $29.76 and a two-hundred day moving average price of $28.86.

Hedge Funds Weigh In On Pacer Swan SOS Flex (April) ETF

A hedge fund recently raised its stake in Pacer Swan SOS Flex (April) ETF stock. Wolverine Trading LLC increased its stake in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) by 34.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,782 shares of the company’s stock after purchasing an additional 6,096 shares during the period. Wolverine Trading LLC owned 2.88% of Pacer Swan SOS Flex (April) ETF worth $689,000 as of its most recent filing with the Securities & Exchange Commission.

Pacer Swan SOS Flex (April) ETF Company Profile

The Pacer Swan SOS Flex (April) ETF (PSFM) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFM was launched on Mar 31, 2021 and is managed by Pacer.